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| Wednesday, September 05, 2007 |
| Reminder to Self |
It doesn't matter which indicator you use to buy and sell. But the crux, in my opinion, is to find the matching time horizon. Lets say, if you use a 200day moving average to make your buy decision, you should not use the 5day moving average to determine your sell position. If you go for a longer horizon, stick with it.
For me at the moment, recent events made this a unique situation. Cos most of my stocks triggered both the mid-term (5weeks, 12 weeks, 26weeks MA) and short term (5days, 12days, 26days MA). So if that's the case, then priority will be set on the shorter term.
Right now, I have difficulty categorizing which period should I put it in. I guess due to its volatility, I shall park it in my short term account at the moment. Will move these stocks to mid-term once the market is not as volatile as expected. |
posted by Nenix @ 9:19 AM   |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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